| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062131 | Economics Letters | 2007 | 6 Pages |
Abstract
We show that Keynesian multiplier effects can be obtained in dynamic optimizing models if one combines both price rigidities and a “non-Ricardian” framework where, due for example to the birth of new agents, Ricardian equivalence does not hold.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jean-Pascal Bénassy,